How AI Boosts Fintech: 7 Promising AI-Powered Industries To Follow

When Willie Sutton, once one of America’s most wanted fugitives, was asked why he robbed banks, his response was remarkably simple, “Because that’s where the money is.”

This is the same answer that could be given to those who inquire about the growing tendency towards regulation in the fintech sector, and who believe that increasing legislation could damage innovation in the field. That’s where the money is, therefore, the stakes are high, and more regulation will be there. This will most likely happen sooner than later, as Michael Hsu, Acting Comptroller of the Currency, said recently. Therefore, we can expect compliance to be at the forefront of the conversation, and to become a priority for venture capitalists, CFOs, and other stakeholders alike.